Perseus

Message Follow Following Unfollow
Joined Toronto, Canada
Markets Allocation
10 % stocks 2 % indices 88 % other
Top Mentioned Symbols
FX_IDC:XAUUSD 24% | 12 FX:XAUUSD 22% | 11 USOIL 14% | 7 DXY 8% | 4
Perseus Perseus XAUUSD, M, Long ,
XAUUSD: Gold Long - LT
521 3 11
XAUUSD, M Long
Gold Long - LT

Gold is looking to break the 2011 downward trend line. If you look at the RSI, you can see that gold has been in consolidation since early 2013. I truly believe we will break the trend this year, with fundamentals supporting this move. We may not initially break the trend this month, however the only downside risk I see is to the 1230-1240 area (my thin ...

Perseus Perseus DXY, M, Short ,
DXY: DXY Short
988 0 9
DXY, M Short
DXY Short

Short DXY, long XAUUSD. Although there may be small dips in XAUUSD, and bumps in the DXY, I'd much rather be caught long in XAUUSD, rather than caught short. This is supported by both fundamentals and strong bear divergence spanning over years. This is not a scalp trade.

Perseus Perseus DXY, D, Short ,
DXY: DXY H&S
1593 0 10
DXY, D Short
DXY H&S

Simple H&S on the 1D chart, RSI failing to gain any ground. Let's see if this one plays out.

Perseus Perseus XAUUSD, D, Long ,
XAUUSD: 3 Cups - Gold Bullish
2055 0 13
XAUUSD, D Long
3 Cups - Gold Bullish

There's about a roughly, umm, 0% chance they raise rates in March. Nice try grandma.

Perseus Perseus XCUUSD, D, Long ,
XCUUSD: Copper - Pullback and Relong
576 0 7
XCUUSD, D Long
Copper - Pullback and Relong

If copper doesn't make a new high today (which I don't believe it will), we will likely see a retest of the 2.72-2.74 area (top of the channel). I'm itching to relong from this area.

Perseus Perseus XAUUSD, W, Long ,
XAUUSD: Gold - 1220 Support
532 0 6
XAUUSD, W Long
Gold - 1220 Support

We have had 2 strong bounces off the 1220 area, with both bounces hitting above 1230. It must be noted that the level we got rejected at (1240), is the bottom of the past low we made in October. It appears that passing this level is the gateway to 1280. It will be interesting to see if gold even bothers retesting 1220 again in the next few days, rather than ...

Perseus Perseus XCUUSD, D, Long ,
XCUUSD: Copper, another leg up?
2246 0 6
XCUUSD, D Long
Copper, another leg up?

Copper broke the range it was trapped in on Friday, and I've been long via IVN.TO for roughly a month now. I'll be buying any dips or retests of the previous range. As soon as we touch sub 4.50 for IVN i'll be buying. -Healthy RSI, MACD crossing up on the 1D.

Perseus Perseus XAUUSD, W, Long ,
XAUUSD: Gold long
4441 0 17
XAUUSD, W Long
Gold long

Re-longed gold on Friday, 1W and 1D both still look very healthy for bulls. Cross on 1W MACD, with the 5EMA looking to cross through the 50/100EMA. We saw a big bounce off 1220 on Friday which served as strong support and reassures me of my long position.

Perseus Perseus XAUUSD, D,
XAUUSD: Gold Direction
1259 8 14
XAUUSD, D
Gold Direction

As I posted in my prior idea, I sold my gold position this morning when the DXY started to rally. I am still long-term bull with gold, however it is clear to me that this move wants to retest the 1220 area as this was significant resistance over the past few weeks. There's currently a bearish engulfing on the 1D chart, and the MACD is looking to test a break back ...

Perseus Perseus XAUUSD, D, Long ,
XAUUSD: Gold looking to test 1250
878 0 10
XAUUSD, D Long
Gold looking to test 1250

Today we got further confirmation of a golden-cross with gold, and even though we had a slight hiccup intra-day spurred by a USD bond sale, we closed above 1240 and made new highs for this run. TNX is struggling to maintain above water, and it's RSI has been trending down since it's run up in November. We could potentially see a death cross as it's 5EMA makes ...

Perseus Perseus XAUUSD, D, Long ,
XAUUSD: DXY's Effects on Gold
883 1 7
XAUUSD, D Long
DXY's Effects on Gold

So it looks like we got a golden-cross on XAUUSD over the past few days, however the DXY did not give us the death-cross it was headed towards. XAUUSD is looking to bull, however today's strength in the DXY halted it's run through 1240. I will be paying close attention to the DXY / XAUUSD relationship over the next few days to see if XAUUSD can continue it's ...

Perseus Perseus XAUUSD, D, Long ,
XAUUSD: Golden cross on gold, death cross on DXY
1711 2 17
XAUUSD, D Long
Golden cross on gold, death cross on DXY

Last week was substantial for both gold and the DXY. Gold was able to close above it's 100EMA, and above the key psychological level of 1220, and DXY closed below the key psychological level of 100, and it's 100 EMA. This will prove to be bullish for gold, and bearish for the DXY. Looking at the 5 and 100EMA for both gold and DXY, we can see that gold's 5 is ...

Perseus Perseus XAUUSD, D, Long ,
XAUUSD: Gold - Cup and handle continued
1377 0 11
XAUUSD, D Long
Gold - Cup and handle continued

So it looks like my cup and handle idea played out well. We are making higher highs, and lower lows, which is very bullish for gold, yet we are having resistance at the 100 EMA. Once this is cleared, we should move up rather quickly. I believe with 99.99% certainty NFP will beat tomorrow, which will cause an initial drop in gold, but due to the fact that gold ...

Perseus Perseus XAUUSD, D, Long ,
XAUUSD: Cup and handle - Gold
2306 0 24
XAUUSD, D Long
Cup and handle - Gold

I'm still in this gold long, and thankfully was able to add to my position got ABX and SSRI on the way down last week. Small sell-offs like last week are very common during a baby bull, people tend to get nervous when they see some selling, which adds fuel to these sell offs. The best advice I can give is to review your charts, and trust in your analysis, ...

Perseus Perseus ABX, D, Long ,
ABX: ABX Bull Channel
357 0 5
ABX, D Long
ABX Bull Channel

Look for strong resistance at the $25.40 area, with retesting the bottom of the channel. This has broken out of the bearish trend from August of 2016, with RSI trending up (clear bull divergence here).

Perseus Perseus BTO, D, Long ,
BTO: B2GOLD
417 0 6
BTO, D Long
B2GOLD

I have started accumulating my medium-term position in this stock once it broke the down-trend started in August of 2016. I am looking to add on a dip over the next few days (which there should be one), however I am playing this from a more aggressive standpoint. If you're a more passive investor, wait for a clean break and close above the key $4 level which has ...

Perseus Perseus XAUUSD, M, Long ,
XAUUSD: The next leg up in gold
1261 2 13
XAUUSD, M Long
The next leg up in gold

This is the year we see a strong break through that resistance level established in 2011. RSI trending up with bull divergence since 2013. I see a 2016 clone-type move for 2017. Will we pause/drop $20 every $80 gain? Yes. But do not confuse consolidation with a bear. The bear market ended in January of 2016. This is a long-term trade.

Perseus Perseus XAUUSD, D, Long ,
XAUUSD: Consolidation in gold?
1373 0 4
XAUUSD, D Long
Consolidation in gold?

It looks like gold has begun to consolidate a bit before it's next leg up. I went long again with a medium sized position on Thursday, and will be looking to add to my position every time this dips closer to the red band on my chart. This will be the year of gold imo, and I will be long all year.

123 Show More Ideas
Last visit
4
6
87
Message Follow Following Unfollow
Last visit
5
0
25
Message Follow Following Unfollow
Last visit
11
7
166
Message Follow Following Unfollow
Last visit
6
0
26
Message Follow Following Unfollow
Last visit
9
0
45
Message Follow Following Unfollow
Last visit
4
0
20
Message Follow Following Unfollow
Last visit
12
0
53
Message Follow Following Unfollow
Last visit Canada
24
21
237
Message Follow Following Unfollow
Last visit
82
1
388
Message Follow Following Unfollow
Last visit Canada
6
0
30
Message Follow Following Unfollow
Last visit
12
3
123
Message Follow Following Unfollow
Last visit
26
28
545
Message Follow Following Unfollow
Last visit
13
4
150
Message Follow Following Unfollow
Last visit
6
0
30
Message Follow Following Unfollow
Last visit
6
1
51
Message Follow Following Unfollow
5
0
25
Message Follow Following Unfollow
Online HONGKONG
5
0
27
Message Follow Following Unfollow
Online Singapore
60
0
258
Message Follow Following Unfollow
Last visit
2488
349
11264
Message Follow Following Unfollow
Last visit EUROPE
4239
418
45398
Message Follow Following Unfollow
239
2
757
Message Follow Following Unfollow
Last visit United States, CT
8958
1088
44371
Message Follow Following Unfollow
Online Toronto, Canada
1883
421
8832
Message Follow Following Unfollow
Last visit Russia
782
500
6108
Message Follow Following Unfollow
Online Canada
3311
344
23151
Message Follow Following Unfollow
Last visit USA
5623
136
25794
Message Follow Following Unfollow
Online Forexland south caibean
219
104
1748
Message Follow Following Unfollow
Last visit
334
12
1910
Message Follow Following Unfollow
Last visit Jordan
16788
793
71032
Message Follow Following Unfollow
Last visit
69
156
503
Message Follow Following Unfollow
Last visit US
13
0
60
Message Follow Following Unfollow
1491
810
9329
Message Follow Following Unfollow
Last visit France
650
192
6923
Message Follow Following Unfollow
Last visit SINGAPORE
20051
1432
116837
Message Follow Following Unfollow
Last visit USA
13347
419
59607
Message Follow Following Unfollow
Last visit
470
219
2014
Message Follow Following Unfollow
Last visit
48
5
310
Message Follow Following Unfollow
Last visit Egypt
9
4
64
Message Follow Following Unfollow
Last visit
134
71
974
Message Follow Following Unfollow
Last visit Earth.
513
243
4303
Message Follow Following Unfollow
XAUUSD
GOLD / US DOLLAR
Follow Following Unfollow
DXY
US DOLLAR CURRENCY INDEX
Follow Following Unfollow
XAUUSD
Gold/U.S. Dollar
Follow Following Unfollow
USOIL
Crude Oil (WTI)
Follow Following Unfollow
XAGUSD
Silver/U.S. Dollar
Follow Following Unfollow
Market
Interval
Browse
Time
Type
Browse
Time
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out